Why is everyone so concerned with the new Poly tower

[Sandisw]

I have no doubt it will be popular. Hoping they do improve on the artists rendering.
Once this is built, I feel sorry for those staying at GF and planning to take the monorail to MK. It was often nearly full before getting to GF. With that many more rooms, I expect it to be really full unless they can get more to take the boat.

You wonder if they will add another one to the line and in the morning, not allow pick ups at TTC. Drop off only for Epcot line?

They could also hold cars empty as well with the influx. But yeah, it’s not going to be different and hopefully the GF and Poly wlll get larger boats at key times as well.

 

[Jwaire]

You wonder if they will add another one to the line and in the morning, not allow pick ups at TTC. Drop off only for Epcot line?

They could also hold cars empty as well with the influx. But yeah, it’s not going to be different and hopefully the GF and Poly wlll get larger boats at key times as well.

I wish.

I'm not sure they can add another one to the line because of all the new safety rules they introduced after the accident. That's why it's not as efficient as it once was and it's always stopped and holding. They towed two of them off the track in December when I was there. In 20 visits, I've only ever seen a monorail train being towed once and that was back in 2005 or so. The monorail attendant said it happens all the time now.

I've about decided they're going to just let the monorails keep running until they can't function anymore and just pull a Disneyland. "Sorry, it's not working today."

 

[AvidDisReader]

As for the boats, the one time I took the boat from GFV to MK, the boat went first to Poly before heading to MK--the time we waited and the trip to MK took around 45 minutes which is just not acceptable (at the time there was no path as my wife and I would have just walked). Is that what still happens. It seems to me with added rooms/guests that each resort should have their own dedicated boats.

 

[Sandisw]

As for the boats, the one time I took the boat from GFV to MK, the boat went first to Poly before heading to MK--the time we waited and the trip to MK took around 45 minutes which is just not acceptable (at the time there was no path as my wife and I would have just walked). Is that what still happens. It seems to me with added rooms/guests that each resort should have their own dedicated boats.

I took one from there in March and they took me right there. It was mid day though.

Maybe we will try in 2 weeks and see what happens. We won’t be on any set timeline if we do go to Poly.

But, once Poly tower is done and adds all those guests, maybe that will become a better and faster choice

 

[Huskerpaul]

I fully convinced they will add the tower to the current PVB association and therefore there won't be resale restrictions. 42 years contracts vs 50 years will look too good to the Disney bean counters when calculating their ROI on this project. It also takes care of what facilities belong to which and allows an excuse for less than full amenities at the new tower. If my wife liked staying there I would buy a resale contract when they get to the $145 - $150 range, which is where PVB seems to be headed.

Looks like my prediction about Poly prices from back in May is coming true. I'm even more convinced now that the rest will come true as well too.

 

[SeasonneRose]

I was just at Disney in July and talked to one of the DVC sales reps at GF and he said that the new tower will "absolutely" be part of the existing HOA. Take that for what it's worth.

 

[theMoreDisneytheBetter]

I was just there in July and talked to one of the DVC sales reps and he said that the new tower will "absolutely" be part of the existing HOA. Take that for what it's worth.

Sounds an awful lot like someone looking to sell you direct points in Poly 1

 

[SeasonneRose]

Sounds an awful lot like someone looking to sell you direct points in Poly 1

Not at all. I was there just looking at the rooms at GF that I had already purchased points for sight unseen. Literally zero sales pitch - I was the one who asked him off the cuff about it.

 

[DVCsloth]

I was just there in July and talked to one of the DVC sales reps and he said that the new tower will "absolutely" be part of the existing HOA. Take that for what it's worth.

I wouldn't count on it. I don't see any reason it would benefit Disney to keep it in the same association. Why not buy resale?

 

[SeasonneRose]

I wouldn't count on it. I don't see any reason it would benefit Disney to keep it in the same association. Why not buy resale?

I wasn't buying anything - I was at GF looking at rooms that I had already purchased points for.
I actually do think they'll keep it in the same association.

 

[DVCsloth]

I wasn't buying anything - I was at GF looking at rooms that I had already purchased points for.
I actually do think they'll keep it in the same association.

I'm talking about why anyone would buy direct if you can get 11 months booking with Poly 1 points.

 

[SeasonneRose]

I'm talking about why anyone would buy direct if you can get 11 months booking with Poly 1 points.

New people buying points would buy direct.

 

[SeasonneRose]

I'm talking about why anyone would buy direct if you can get 11 months booking with Poly 1 points.

Rofr

 

[Sandisw]

I was just at Disney in July and talked to one of the DVC sales reps at GF and he said that the new tower will "absolutely" be part of the existing HOA. Take that for what it's worth.

A guide saying that is a big no no and I am surprised they did. My guide is a senior guide and he said that they are strictly prohibited from saying anything until there is an official word from Disney.

I have also asked ar RIV and they have said there is no decision made yet and they only know what everyone else knows.

 

[SeasonneRose]

A guide saying that is a big no no and I am surprised they did. My guide is a senior guide and he said that they are strictly prohibited from saying anything until there is an official word from Disney.

I have also asked ar RIV and they have said there is no decision made yet and they only know what everyone else knows.

Take it for what it’s worth.

 

[Paul Stupin]

Looks like my prediction about Poly prices from back in May is coming true. I'm even more convinced now that the rest will come true as well too.

Such wild conjecture! DVD can set whatever expiration date they want for the new tower, regardless of whatever association Poly2 goes into. As you know, there’s some rather convincing logic out there for the new resort having its own association, regardless of how accurate you might regard your own predictions.

 

[CaptainAmerica]

I don't see any reason it would benefit Disney to keep it in the same association.

I don't think they like having a studio-only resort.

Rofr

Disney isn't ROFRing Poly.

Such wild conjecture! DVD can set whatever expiration date they want for the new tower, regardless of whatever association Poly2 goes into.

Of course they CAN, but they won't. See: VGF2.

As you know, there’s some rather convincing logic out there for the new resort having its own association, regardless of how accurate you might regard your own predictions.

That logic is based on Disney loving the Riviera resale restrictions, which there is no evidence that they do.

 

[tidefan]

Such wild conjecture! DVD can set whatever expiration date they want for the new tower, regardless of whatever association Poly2 goes into. As you know, there’s some rather convincing logic out there for the new resort having its own association, regardless of how accurate you might regard your own predictions.

I agree that they can do what they want (they did it with some of the 2042 resorts), but I think that you get a diminishing return with a 40 year contract vs. a 50 year contract.

Let's say for argument that someone was going to buy 100 points and let's say they bought in at $215 pp. Over the life of the contract you have 40 years x 100 points/year or a total of 4000 points. For that contract, each point then actually costs ($215 x 100)/4,000 which is $5.375 per point. So, if you stay for 6 or so days, and let's say that cost exactly 100 points, your cost is $537.50 + dues.

Now let's say they buy into a property with 50 years on the contract. Over the life of the contract you have 50 years x 100 points/year or a total of 5000 points. For that contract, each point then actually costs ($215 x 100)/5,000 which is $4.30 per point. So, if you stay for 6 or so days, and let's say that cost exactly 100 points, your cost is $430.00 + dues.

So, in actuality, the person purchasing the 40 year contract is paying over a dollar more a point than the person with the 50 year contract.

I think that this is why VGF is selling at a lower rate than RIV. I know that surprises people, but as shown above, the length of the contract matters, and I do think it matters to buyers.

 

[Paul Stupin]

I don't think they like having a studio-only resort.


Disney isn't ROFRing Poly.


Of course they CAN, but they won't. See: VGF2.


That logic is based on Disney loving the Riviera resale restrictions, which there is no evidence that they do.

If Disney didn’t see a benefit in maintaining Riviera resale restrictions, they wouldn’t be there. There’s also zero evidence that Disney doesn’t like having a studio only resort. The lack of ROFR on Poly, as I’m sure you know, can also indicate that Poly2 will be in a separate association.

I think it would have been a reach to see VGF2, a quickly converted older hotel wing with zero amenities of its own, formed with a separate association, so I don’t think its status has any bearing on this discussion. But VDH, Poly2, and Riviera exist on an entirely different level, all being huge new builds costing hundreds of millions of dollars. These and other resorts down the line are the reason for the restrictions. And they work! I bought a bunch of direct VGF points specifically to book Riviera at 7 months, and potentially other yet to be built resorts in the future.

If VDH has the restrictions, so will Poly2. It would otherwise undermine DVD’s long term goal of competing more effectively with resale, and confuse buyers.

 

[Paul Stupin]

I agree that they can do what they want (they did it with some of the 2042 resorts), but I think that you get a diminishing return with a 40 year contract vs. a 50 year contract.

Let's say for argument that someone was going to buy 100 points and let's say they bought in at $215 pp. Over the life of the contract you have 40 years x 100 points/year or a total of 4000 points. For that contract, each point then actually costs ($215 x 100)/4,000 which is $5.375 per point. So, if you stay for 6 or so days, and let's say that cost exactly 100 points, your cost is $537.50 + dues.

Now let's say they buy into a property with 50 years on the contract. Over the life of the contract you have 50 years x 100 points/year or a total of 5000 points. For that contract, each point then actually costs ($215 x 100)/5,000 which is $4.30 per point. So, if you stay for 6 or so days, and let's say that cost exactly 100 points, your cost is $430.00 + dues.

So, in actuality, the person purchasing the 40 year contract is paying over a dollar more a point than the person with the 50 year contract.

I think that this is why VGF is selling at a lower rate than RIV. I know that surprises people, but as shown above, the length of the contract matters, and I do think it matters to buyers.

You’re right, there is a diminishing return on a 40 year contract, but it’s a long enough time that I don’t think it would prevent a shiny new resort selling if buyers really liked it.

It’s certainly not stopping healthy sales (and prices) of BCV and BWV, and those only have about 19 years left.